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Harshil Agrotech Ltd (505336)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505336 NSE: Engineering - Industrial Equipments | Small Cap | Harshil Agrotech Share Price

₹0.32 0.00 (0.00%)

As on 02-Jul'26 16:59

Harshil Agrotech Ltd (505336)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505336 NSE: Engineering - Industrial Equipments | Small Cap | Harshil Agrotech Share Price

₹0.32 0.00 (0.00%)

As on 02-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹30 Cr.
Current Price
₹0.3
52-Week Low / High
₹0 / 1
TTM EPS
₹-0
TTM Sales
₹112 Cr.
Book Value per Share
₹1.5
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
59.3
Price to Book (P/B)
0.22
Lower than its 5-year historical median
Price to Sales (P/S)
0.27
Lower than its 5-year historical median
EV/EBITDA
-12.96
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
16.45%
Outperforms industry median
Return on Capital Employed (ROCE)
17.41%
Outperforms industry median
Return on Assets (ROA)
14.72%
Operating Profit Margin
17.3%
Net Profit Margin
16.36%
Gross Profit Margin
17.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
391.34%
Operating Profit Growth (1 Year)
-
1008.08%
Net Profit Growth (1 Year)
-
1198.75%
Asset Quality
Promoter Holding
0.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹42 Cr.
Equity
₹93.3 Cr.
Face Value
₹1
All Time Low / High
₹0.00 / 8.98

Harshil Agrotech stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Harshil Agrotech Ltd a good quality company?
Harshil Agrotech Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Harshil Agrotech Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Harshil Agrotech Ltd vs industry peers?
Harshil Agrotech Ltd revenue CAGR is 336.70%, compared to the industry median CAGR of 3.04%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Harshil Agrotech Ltd?
Promoters hold 0.00% of the Harshil Agrotech Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Harshil Agrotech Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 33.9% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Harshil Agrotech Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -14.6%1.4%-12.1%-12.3%-18.7%88%-33.6%85.7%16.5%17.4%-
Value Creation
Index
NA-0.9NANANA5.3NA5.10.20.2-

Growth Parameters

Sales 00.600.3000.23.812.963.5112
Sales YoY Gr.-NA-100%NA-87.9%-100%NA2,300%236.7%391.3%-
Adj EPS -0.20.1-0.2-0.2-0.3-0.3-0.20.50.10.1-0
YoY Gr.-NA-385.7%NANANANANA-88.9%120%-
BVPS (₹) -0.6-0.5-0.8-1-1.20.2-00.40.71.21.5
Adj Net
Profit
-0.30.1-0.3-0.2-0.4-0.4-0.20.50.810.4-3
Cash Flow from Ops. -0.2-0.30.2-0-0.3-0.8-0.40-7.7-43.5-
Debt/CF from Ops. -14-11.717.4-591.5-13.1-0.1-1.114.5-0.1-0-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA336.7%635%391.3%
Adj EPS NANANA120%
BVPSNANANA78.3%
Share Price 32% 45% 31.7% -71.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
62.6-14.636.326.328.875.5-118.9157.713.316.4-2.2
Op. Profit
Mgn %
028.10-69.9-986.80-100.716.97.717.3-2.1
Net Profit
Mgn %
013.70-73.5-912.80-130.214.26.216.4-2.5
Debt to
Equity
-5.7-6.7-4.4-3.4-2.70.26.40.70.10-
Working Cap
Days
030802981,69602,9382553382481,159
Cash Conv.
Cycle
01960-127101339-471531,131

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales00.6100.330.0400.163.8412.9363.53
Operating Expenses + 0.250.440.250.560.420.550.333.1911.9452.56
Manufacturing Costs0.020.010.040.080.040.070.01000
Material Costs00.1700.160.0600.04311.2751.11
Employee Cost 0.070.070.080.120.160.280.130.060.280.12
Other Costs 0.160.190.130.200.150.210.150.130.391.33
Operating Profit -0.250.17-0.25-0.23-0.38-0.55-0.170.650.9910.97
Operating Profit Margin (%) -28.0%--69.9%-986.0%--100.0%16.9%7.7%17.3%
Other Income + 0.070.080.080.090.091.870.020.040.100.16
Exceptional Items 0000000000
Interest 0000000000
Depreciation 0.240.210.190.170.160.11000.010.01
Profit Before Tax -0.410.04-0.36-0.32-0.451.20-0.150.681.0811.11
Tax -0.13-0.04-0.11-0.08-0.100.350.070.140.280.72
Profit After Tax -0.280.08-0.25-0.24-0.350.85-0.210.540.8010.39
PAT Margin (%) -13.7%--73.5%-912.0%--130.0%14.2%6.2%16.4%
Adjusted EPS (₹)-0.20.1-0.2-0.2-0.30.7-0.20.50.10.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Harshil Agrotech - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + -0.60-0.56-0.80-1.04-1.400.290.070.6211.42115.19
Share Capital 0.890.890.890.890.890.890.890.9010.9071.22
Reserves -1.49-1.45-1.69-1.94-2.29-0.60-0.82-0.280.5243.97
Debt +3.393.713.523.503.800.040.470.440.680.45
Long Term Debt0000000.470.440.680.45
Short Term Debt3.393.713.523.503.800.040000
Minority Interest0000000000
Trade Payables0.100.160.110.110.070.050.013.0510.302.49
Others Liabilities 0.870.930.730.650.550.870.92-0.130.190.48
Total Liabilities 3.774.243.563.213.021.251.473.9822.58118.62

Fixed Assets

Net Fixed Assets +3.503.303.113.012.850.0200.050.050.06
Gross Block4.314.314.314.384.380.250.040.060.060.08
Accumulated Depreciation0.811.011.201.371.530.230.0400.010.02
CWIP 0000000000
Investments 000000002.502.50
Inventories0.1600.1000000011.87
Trade Receivables00.70000.0300.173.867.7346.46
Cash Equivalents flag 0.080.090.1000.010.040.010.010.0549.55
Others Assets 0.030.160.240.200.131.191.280.0612.268.18
Total Assets 3.774.243.563.213.021.251.473.9822.58118.62

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0.24-0.320.20-0.01-0.29-0.75-0.420.03-7.70-43.54
PBT -0.410.04-0.36-0.32-0.451.20-0.150.681.0811.11
Adjustment 0.230.200.180.170.16-1.70000.010.01
Changes in Working Capital -0.06-0.560.380.140-0.01-0.27-0.52-8.51-53.94
Tax Paid 00000-0.230-0.14-0.28-0.72
Cash Flow From Investing Activity + 00-0-0.07-04.53-0.03-0-2.50-0.11
Capex 0000000-0.050-0.02
Net Investments 0000000.020-2.500
Others 00-0-0.07-04.53-0.050.050-0.09
Cash Flow From Financing Activity + 0.250.32-0.19-0.020.30-3.750.42-0.0310.2493.15
Net Proceeds from Shares 000000001093.38
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-0-0-0-0-0-0-0
Dividend Paid 0000000000
Others 0.250.33-0.19-0.020.30-3.750.43-0.030.24-0.23
Net Cash Flow 00.010.01-0.100.010.03-0.02-00.0449.50

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/A0-268.07222.1713.5616.45
ROCE (%)N/AN/AN/AN/AN/A88.04-33.685.7216.4517.41
Asset Turnover Ratio00.1500.10.0100.121.410.970.9
PAT to CFO Conversion(x)N/A-4N/AN/AN/A-0.88N/A0.06-9.63-4.19
Working Capital Days
Receivable Days0414.3000280.800383.30191.60163.60155.70
Inventory Days00000000068.20
Payable Days0171.100246.10501.300255.10186.80216.2045.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Harshil Agrotech Ltd FAQs

The current trading price of Harshil Agrotech on 02-Jul-2026 16:59 is ₹0.32.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Harshil Agrotech stood at ₹29.87 Cr

The latest P/E ratio of Harshil Agrotech as of 01-Jul-2026 is 0.00.

The latest P/B ratio of Harshil Agrotech as of 01-Jul-2026 is 0.22.

The 52-week high of Harshil Agrotech is ₹1.26 and the 52-week low is ₹0.31.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Harshil Agrotech is ₹112 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Harshil Agrotech Ltd is a below average quality company.

The key valuation ratios of Harshil Agrotech Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Harshil Agrotech Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Harshil Agrotech Ltd

Mirch Technologies (India) Limited is a Public incorporated on November 18, 1972. The registered office of the company is located at  Aurus Chambers, S.S.Amrutwar Marg Worli, Mumbai.

Business area of the company

The company is into the activities of industrial design and fabrication. The Company has been covering various industries like fertilizers, chemicals, petrochemicals, power plant, fibers, cements, steel plants, pharmaceuticals, dyes and intermediates, paper and pulp and other allied processing industries since its inception.

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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